Carrollton appreciation rates and housing market information

Carrollton appreciation rates and housing market information

Carrollton housing market information

With a population of 122,640, 43,299 total housing units (homes and apartments), and a median house value of $159,134, Carrollton real estate is some of the most expensive in Texas, although Carrollton home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Carrollton, accounting for 64.11% of the city's housing units. Other types of housing that are prevalent in Carrollton include large apartment complexes or high rise apartments (26.07%), duplexes, homes converted to apartments or other small apartment buildings (4.60%), and a few row houses and other attached homes (4.22%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Carrollton. Owner-occupied housing accounts for 66.25% of Carrollton's homes, and 63.55% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Carrollton built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Carrollton built between 2000 and later (11.78%). A lesser amount of the housing stock also hails from between 1940-1969 (9.62%).

Carrollton home appreciation rates

Carrollton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Carrollton during the period has been just -1.34%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Carrollton's appreciation rate, at -0.62%, has been at or slightly above the national average. In the latest quarter, Carrollton's appreciation rate has been 0.16%, which annualizes to a rate of 0.64%.

Relative to Texas, our data show that Carrollton's latest annual appreciation rate is higher than 50% of the other cities and towns in Texas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Carrollton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Carrollton - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Carrollton real estate investment or home purchase decisions.

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